Another video I came across today on the subject of taxation of U.S. Persons in non-U.S. jurisdictions, and specifically on giving up U.S. citizenship — Robert Wood talking with Scott Drake on the Legal Broadcast Network. Looks like renounceuscitizenship beat me to it and wrote about this one a few weeks ago over at his own blog! Anyway, for those of our readers who are hard of hearing or just too impatient to watch a whole video, I’ve written up a transcript — you can click “continue reading” below to see the transcript, along with my own comments. Be forewarned: you will probably find the level and tone of discussion in this video to be rather disappointing.
I would draw your attention to the recent post by Robert Wood at Forbes. It caught my attention this morning, and so I decided to post a comment back to him. Frankly, Robert is one of the regular and consistent writers on FATCA, FBAR and Citizenship taxation issues. He often quotes and references American Citizens Abroad. I sometimes joke that they must have him on their payroll. That is NOT true! LOL
Here is the link to the most recent posting…
I could not pass up the opportunity to post a comment back to him, and the text is produced below: